Managing Director, Head of Electronic Trading

Wells Fargo Bank

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profile Job Location:

New York City, NY - USA

profile Monthly Salary: $ 250000 - 420000
Posted on: 21 hours ago
Vacancies: 1 Vacancy

Job Summary

Wells Fargo Corporate & Investment Banking delivers a comprehensivesuite of capital markets banking and financial products and services. Atrusted partner to our clients we provide corporate and transactionalbanking commercial real estate lending and servicing investmentbanking equity and fixed income solutions including sales trading andresearch capabilities to corporate commercial real estate governmentand institutional clients across the globe.

Markets

Markets provides solutions to clients with the means to manage their exposure through various derivatives lending and cash products across Structured Products Group Macro Equities Municipal Products Group Credit Sales & Trading.

About this role:

Wells Fargo is seeking a Managing Director Head of Electronic Trading for its Markets Division.

The Head of Electronic Trading is responsible for setting and executing the firms electronic trading strategy across the Markets franchise for all Asset Classes. This role drives growth efficiency and risk discipline by expanding electronic product capabilities optimizing market access and integrating technology quantitative models and trading desks to deliver scalable compliant and clientfocused solutions.

The role reports directly to the Heads of Markets and partners closely with Trading Technology Quantitative Analytics Risk Compliance and Operations to ensure electronic trading platforms align with business priorities regulatory requirements and Wells Fargos broader Markets strategy. Key responsibilities include:

Strategy & Leadership

  • Define and execute the firms electronic trading vision and roadmap across asset classes aligned with Markets growth client engagement and capital efficiency goals.

  • Lead the evolution of hightouch lowtouch and automated trading capabilities including algorithmic execution smart order routing and liquidity aggregation.

  • Drive innovation in market structure engagement data strategy and advanced analytics to improve pricing execution quality and client outcomes.

Platform & Execution Oversight

  • Oversee the design governance and performance of electronic trading platforms ensuring resiliency scalability and consistency across products.

  • Partner with Technology and Quant teams to develop and enhance pricing models execution logic and automation workflows.

  • Monitor execution quality liquidity access and trading performance using datadriven metrics and client feedback.

  • Establish a centralized multiasset electronic risk framework including a central risk book with clear ownership controls and transparency to support model governance surveillance and regulatory expectations.

Client & Business Engagement

  • Serve as a senior point of contact for key institutional clients on electronic execution strategy connectivity and product enhancements.

  • Collaborate with Sales and Trading leadership to deliver differentiated electronic solutions that complement relationshipbased coverage.

  • Support client onboarding platform adoption and customized solutions for sophisticated electronic trading clients.

Risk Controls & Governance

  • Ensure strong governance over electronic trading activity including model risk management change management and control frameworks.

  • Partner with Risk Compliance Legal and Audit to ensure adherence to regulatory requirements market conduct standards and internal policies.

  • Establish transparency and controls around algorithm behavior market access and surveillance.

People & Organization

  • Build and lead a highperforming global electronic trading team fostering collaboration across desks regions and functions.

  • Develop talent across trading product development technology and quantitative disciplines with a focus on succession planning and inclusive leadership.

  • Promote a culture of accountability innovation and disciplined risk management.


Required Qualifications:

  • 10 years of Securities Algorithmic Trading experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education

  • 4 years of management or leadership experience

Desired Qualifications:

  • Significant experience in Markets with deep expertise in electronic trading market structure and execution platforms.

  • Demonstrated leadership across multiasset electronic trading or a significant asset class with global scope.

  • Strong understanding of trading technology signal generation central risk books quantitative models data analytics and automation.

  • Proven ability to operate effectively in a highly regulated environment with strong risk and control orientation.

  • Experience partnering with senior stakeholders across Trading Technology Risk Compliance and Operations.

  • Advanced degree (MBA MS PhD) strongly preferred.


Job Expectations:

  • Registration for Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

  • Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

  • Registration for FINRA Series 7 (or 79) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

  • This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to accordance with FINRA rules individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations which include periodic screening and mandatory reporting of certain incidents.

  • Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance skills experience or work location. Employees may also be eligible for incentive opportunities.

$250000.00 - $420000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance critical illness insurance and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

31 May 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability status as a protected veteran or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit Market Financial Crimes Operational Regulatory Compliance) which includes effectively following and adhering to applicable Wells Fargo policies and procedures appropriately fulfilling risk and compliance obligations timely and effective escalation and remediation of issues and making sound risk decisions. There is emphasis on proactive monitoring governance risk identification and escalation as well as making sound risk decisions commensurate with the business units risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

@RWF

Required Experience:

Director

Wells Fargo Corporate & Investment Banking delivers a comprehensivesuite of capital markets banking and financial products and services. Atrusted partner to our clients we provide corporate and transactionalbanking commercial real estate lending and servicing investmentbanking equity and fixed incom...
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